Oil and Gas Commission Act ([SBC 1998] Chapter 39).

Section 2 of the above-mentioned Act establishes that a corporation known as the Oil and Gas Commission is continued. The purposes of the Commission are to: a) regulate oil and gas activities and pipelines in British Columbia in a manner that i) provides for the sound development of the oil and gas sector, by fostering a healthy environment, a sound economy and social well being; ii) conserves oil and gas resources in British Columbia; iii) ensures safe and efficient practices, and iv) assists owners of oil and gas resources to participate equitably in the production of shared pools of oil and gas, b) provide for effective and efficient processes for the review of applications related to oil and gas activities or pipelines, and to ensure that applications that are approved are in the public interest having regard to environmental, economic and social effects, c) encourage the participation of First Nations and aboriginal peoples in processes affecting them, d) participate in planning processes, and e) undertake programmes of education and communication in order to advance safe and efficient practices and the other purposes of the commission.
The text consists of 73 sections as follows: Definitions (1); Corporation established (2); Purposes (3); Relationship with aboriginal and treaty rights (4); Direction and management of the Commission (5); Capacity and powers of the Commission (6); Advisory Committee (7); Alternative dispute resolution (8); Advisory committee's role in reconsideration by alternative dispute resolution (9); Inquiries and recommendations (10); Conflict of interest (11);Officers and employees (12); Financial administration (13); Audit (14); Annual report (15); Investment (16); Commission's responsibilities under various enactments (17); Transition (18); Repealed (19-21); Regulations (22); Appropriation (23); Forms (24); Consequential Amendments (25-72); Commencement (73).